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Wow, I'd be curious what the founders still retain equity wise. I was lucky enough to meet them when they spoke at my University about three to four years ago
by algaeontoast 7y ago
Wow, I'd be curious what the founders still retain equity wise. I was lucky enough to meet them when they spoke at my University about three to four years ago - at the time they'd just acquired a razor production facility somewhere in Germany I believe.
- neogodless 7y agoI came to the comments expecting more about the founders, their equity, and their plans for the future. I'd imagine this makes them (even more) wealthy individuals, and they probably have agreements to stay in their new leadership roles for a certain period. I'm not sure if I'm sounding cynical - I really have no idea how excited these two founders are for the new arrangement. It could be really interesting for them. Or they could've hit the magic dollar amount that was needed for them to sell. Or maybe margins were actually shrinking against larger competitors, and this made good business sense. Knowing none of the answers to the above, I hope the more diligent investigators among you find them!